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News Summary: Wheat soars again on weather
by By The Associated Press

(AP) - HOT AND DRY: Wheat futures soared another 5.7 percent Friday as concerns persisted about hot weather in the Southern Plains and the Ohio River Valley. Wheat is now up 16 percent this week.

CORN FOLLOWS: Corn also rose, but not quite as much as wheat. The July contract rose 1.7 percent, or 10.5 cents, to $6.355 a bushel. Wheat rose 37.5 cents to $6.9525 a bushel.

GOLD UP: Gold and silver both rose. Gold for June delivery rose $17 to $1,591.90 per ounce. May silver rose 69.8 cents to $28.694 per ounce.


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